Archive for the ‘washington’ Category

EARMUFFS!!! The craptalker-in-chief’s crap talk has been so craptacular that it’s become difficult to see the crap for the crap. So let’s get crapping.

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andall (of YouTube Honey Badger Fame) takes a look back at the debt ceiling debate and our wacky Washington politicians.

As Randall says, ‘This is a Washington politician, Watch them spend Money!’

To learn more about our spending and deficit problems, visit http://www.BankruptingAmerica.org.

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How has Wisconsin’s union-busting policies worked for the state economy? Lt. Gov. Rebecca Kleefisch tells PJTV’s Alexis Garcia about the positive impact on job growth and the need to return fiscal sanity to the states at the 2011 Smart Girl Summit.

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PJTV catches up with CNN contributor and radio host Dana Loesch at the Smart Girl Summit in St. Louis, MO to get her reaction to the Tea Party ‘hobbits’ and their role in the debt ceiling negotiations.

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Washington’s chronic overspending is just like a junkie’s addiction to drugs. Unless the cycle of addiction is broken, our economic and unemployment situation will continue to suffer. Washington is out of time. To avoid hitting rock bottom, Washington must cut spending today.

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In the midst of the killing of Osama and a victory for limited government in Canada, Treasury Secretary Timothy Geithner is looking to raise the debt ceiling. This could be a mistake since he and his Obama Administration friends have been undisciplined with the credit card. Reporter Frank McCaffrey spoke with ALG’s Rick Manning about this idea.

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Presented by Yuri Maltsev at the Mises Circle in Chicago: “Strategies for Changing Minds Toward Liberty,” on 9 April 2011. Sponsored by Dr. Don Stacy.

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The road to Hell is paved with good intentions. But shouldn’t it be paved with bad intentions? Andrew Klavan investigates.

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As the great Soviet Socialist State of California goes down in flames waiting for their 53 electoral college votes to be bought off by politicians redirecting tax money from the more prudent states, Washington voters have made a bid to redirect the flow of small companies from California to Texas. Although after reelecting “Moonbeam” Brown, that may be a harder sell.)

Ater having famously chosen wild poultry over a thriving timber industry (possibly the ultimate in renewable resources as well as a major export) Washington has decided not to punish, but rather encourage small business success by defeating, 65% to 35%, an initiative (prop 1098) that would have imposed a state income tax on the “wealthy” defined as >$200,000 (single), >$400,000 (married filing jointly).

Many small businesses that have been considering joining the Uhaul caravan to Texas, but have shuddered at moving to a totally foreign land (the wild west, dontcha know), now have the option of fleeing the non-workers paradise without giving up the friendly familiarity of the Left Coast. The only thing that might be a problem is the nagging feeling that as Admiral Ackbar said, “It’s a Trap!!”.

Downwards

Quantitative Easing II (or QEII), the pumping of $600,000,000,000 into the economy without any wealth creation, was, I think intended to get companies to spend the cash they are sitting on while they wait to see what the rules (taxes) will be before making any projections or planning how to use it. I’m quite sure that the knowledge their money will depreciate in purchasing power by 20% in the next few months will cause them to at least rethink their positions. Whether it will actually stimulate spending is less certain.

One thing is sure. It is going to infuriate anyone we owe, bondholders, those holding dollars, or that we have promised money. And as it trickles down to the general population and they notice everything is 20% higher there is going to be a lot of finger pointing going on in the political class. Hopefully it will cause that “screwy idea”/sarc of auditing the Federal Reserve to come to fruition. You do notice that the official announcement was held until after the election?

Time to review that Cloward-Piven strategy again.

Here are some links to “enjoy”/sarc:

Dollar at Risk of Crashing, Triggering Inflation

Brazil Ready to Retaliate for US Move in Currency War

U.S. dollar printing is huge risk -China

Germany Concerned About US Currency Moves

Fed bond move spurs backlash from Asia to Europe